Flamingo Park Luxury 4-Plex in West Palm Beach

Highlights:

• Future Upside: Historic Flamingo Park remains one of the most stable and appreciating neighborhoods in West Palm Beach, ensuring long-term value retention.
• Strong Rental Demand: Located in a high-density, high-demand historic district with a proven track record of consistent occupancy.
• Income Versatility: Ideal for a "house hack" (live in one unit and rent the others) or as a high-performing addition to a long-term rental portfolio.
• Walker’s Paradise: Boasting a Walk Score of 84, you are just steps away from local favorites like Bedner’s Farm Fresh Market, The New Park Place Retail Development, the Grandview Public Market & City Place.
• Waterfront Proximity: Only two blocks from the Intracoastal Waterway and a short drive (approx. 1.5 miles) to the pristine beaches of Palm Beach.
• Urban Convenience: Minutes from Downtown West Palm Beach, Clematis Street, and The Square (formerly CityPlace) for world-class dining, shopping, and entertainment.
• Connectivity: Ideally situated for professionals and students, within walking distance to Palm Beach Atlantic University and less than 10 minutes from Palm Beach International Airport (PBI).

Description:

STUNNING RENOVATION IN PROGRESS:

All 4 units have (or will have) totally renovated kitchens and bathrooms: (2 of the 4 units are done)

KITCHEN
1. New Cabinents & Cupboard
2. New Sink
3. New Samsung Oven
4. New Samsung Microwave

BATHROOM
1. New Vanity & Sink
2. New Shower
3. New Tile

OTHER IMPROVEMENTS:
1. Recent HVAC service on all 4 units
2. Roof is getting resealed
3. Back Patio Concrete Repair
4. Landscape Improvements
5. Fence Repair
___________________________________________________

OCCUPANCY & RENT

3 of the 4 units are currently occupied. All 3 rents are moderately below market which will transition to heavily below market once the renovations are complete.
___________________________________________________


The Flamingo Park 4-Plex in West Palm Beach offers an unbeatable location within walking distance to Konro (Michelin-Rated), Jeff Green Private School, the charming Antique Row district and the new Park Place retail development. Residents can enjoy the convenience of strolling to nearby dining, shopping, and cultural attractions, as well as easy access to the area's renowned arts district and the vibrant downtown area. With its proximity to these sought-after amenities, this property is a standout opportunity for multifamily/low-rise/garden investors seeking a prime investment in the heart of West Palm Beach.

---

Report Listing This listing was syndicated through:

Documents: